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Morocco’s economic growth to drop to 0.7% due to drought, war in Ukraine
Morocco’s central bank revised downwards this year’s growth forecast to 0.7% amid rising inflationary pressures due to fallout of the war in Ukraine and as Morocco faces an unprecedented growth. The Bank said Morocco’s cereals harvest will drop to 25 million quintals from 103 million quintals last year, amid a 57% rainfall deficit which meant […]
Libya targets refinery overhaul to cut fuel imports, strengthen economy
The Chairman of the National Oil Corporation, Masoud Suleiman, has identified the expansion of domestic fuel production as a strategic lever for revitalizing Libya’s economy, warning that ageing refinery designs, obsolete technologies and weak output have widened the gap between local supply and demand. He said Libya’s five basic refineries have a combined capacity of […]
Libya-Dialogue: new draft hashed out, GNC amendments integrated
UNMIL Chief Bernardino Leon Sunday handed to the Libyan political antagonists present at the Skhirat round of talks a new draft incorporating the amendments demanded by the General National Congress (GNC) of Tripoli. The new draft is a reviewed form of the July draft that was initialled by several Libyan factions including the House of […]



